P/E ratio for Fletcher Building (FBU.NZ)
P/E ratio at the end of 2022: 9.71
According to Fletcher Building's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.61255. At the end of 2022 the company had a P/E ratio of 9.71.
P/E ratio history for Fletcher Building from 2009 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 9.71 | -47% |
| 2021 | 18.3 | -227.66% |
| 2020 | -14.4 | |
| 2018 | -25.5 | -154.84% |
| 2017 | 46.6 | 382.73% |
| 2016 | 9.65 | -44.36% |
| 2015 | 17.3 | 62.38% |
| 2014 | 10.7 | -14.74% |
| 2013 | 12.5 | -33.57% |
| 2012 | 18.9 | 30.15% |
| 2011 | 14.5 | -7.96% |
| 2010 | 15.7 | -125.74% |
| 2009 | -61.1 |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.